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Assume the firm invests $120,000 today to get $20,000 at Year 1, $30,000 at Year 2, $35,000 at Year 3, $25,000 at Year 4, $40,000
Assume the firm invests $120,000 today to get $20,000 at Year 1, $30,000 at Year 2, $35,000 at Year 3, $25,000 at Year 4, $40,000 at Year 5, and $16,500 at Year 6. Assuming the Interest (discount) rate of 9.1%, what is the (Non-Discounted) Payback period for this project?
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5.42 years
5.31 years
4.25 years
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